Casino Gaming Market in the US 2016-2020

January 20, 2016
This market study presents a comprehensive segmentation of the casino gaming market in the US by casino type (commercial, tribal, limited stakes, and iGaming), by end users (gambling enthusiasts, social exuberants, dabblers, lottery loyalists, and unengaged audience), and by game type (poker, blackjack, slot machines, poulettes, craps, and others). The top vendors in this market are Boyd Gaming, Caesars Entertainment, Las Vegas Sands, MGM Resorts, Penn National Gaming, and Wynn Resorts.

Outlook of the casino gaming market in the US

Technavio’s market research analyst predicts the casino gaming market in the US to grow at a CAGR of around 5% during the forecast period. Recent growth observed in the online gambling environment is the primary growth driver for this market. Online gambling was not legal in the US, but since 2013, a number of states such as Nevada, New Jersey, and Delaware have legalized online gambling. The legalization of online gambling has further enhanced the popularity of online casinos as many people have now gained access to such portals.

Increasing tourism is another factor contributing towards the growth of this market. Casinos across the US have the reputation of being some of the most glamorous and popular tourist attractions. Consequently, many states in the US have started legalizing casinos to attract tourists. Additionally, since the US is one of the few countries that allow advertisements for casinos, the number of tourists visiting casinos in the country is expected to increase rapidly over the next few years.

Competitive landscape and key vendors

The major casinos in the US are located in Las Vegas, Nevada, Atlantic City, and New Jersey. The legalization of casinos across the US is expected to further enhance this market’s growth potential. While Pennsylvania has legalized table games like poker and blackjack at casinos in a move to generate higher revenues, the Delaware Senate has also passed a bill to allow table games. Some of the major casino companies are also bidding to build casinos in other states, which in turn will result in market growth during the forecast period.

Key leading vendors in the market are -

  • Boyd Gaming
  • Caesars Entertainment
  • Las Vegas Sands
  • MGM Resorts
  • Penn National Gaming
  • Wynn Resorts

Other prominent vendors in the market include Dover Downs Gaming & Entertainment, Foxwoods Resort Casino, Isle of Capri Casinos, Palms Casino Resort, Pinnacle Entertainment, Station Casinos, Stratosphere, Tropicana Entertainment, and Trump Entertainment Resorts.

Segmentation by casino type and analysis of the casino gaming market in the US

  • Commercial
  • Tribal
  • Limited stakes
  • iGaming

In this market study, analysts have estimated the commercial casino segment to be the largest market segment during the predicted period. Commercial casinos are usually owned by private companies or large public corporations. The term commercial is used in the US to indicate that the gaming facility is not owned or operated on lands reserved for Native Americans. This market segment currently dominates the casino gaming market in the US and is envisaged to account for a market share of more than 47% by 2020.

Segmentation by game type and analysis of the casino gaming market in the US

  • Poker
  • Blackjack
  • Slot machines
  • Roulettes
  • Craps

This segmentation analysis identifies poker to be the most popular casino game in the US during the forecast period. The facility to play different types of poker, such as Texas Holdem and Pai Gow poker, online through various portals will result in the high popularity of this market segment. In 2015, it was observed that the combined revenue of real poker and iGaming poker accounted for approximately 44% of the total casino revenue in the US.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the casino gaming market in the US?
  • What are the key market trends impacting the growth of the casino gaming market in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by vendors in the casino gaming market in the US?
  • What are the key outcomes of the five forces analysis of the casino gaming market in the US?

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